Deacon Inc. produces leather handbags. The production budget for the next four months is: July...

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Accounting

Deacon Inc. produces leather handbags. The production budget for the next four months is: July 5,840 units, August 6,810, September 7,300, October 8,530. Each handbag requires 0.4 square meters of leather. Deacon Inc.s leather inventory policy is 25% of next months production needs. If the leather policy is met, what will the July 31 inventory be?

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